#XRPUSDT #4h (Bitget Futures) Descending channel near breakout

Ripple just printed a dragonfly doji resting 50MA regained support, looks ready for short-term recovery.
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (8.0X)
Amount: 5.2%
Entry Zone:
2.2438 - 2.2088
Take-Profit Targets:
1) 2.3535
2) 2.4493
3) 2.5450
Stop Targets:
1) 2.1199
Published By: @Zblaba
XRP 
XRPUSDT.P#4h #Ripple #MadeInUsa xrpl.org
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +45.7% | +80.1% | +114.5%
Possible Loss= -38.2%
Estimated Gaintime= 1-2 weeks
⚡️⚡️ #XRP/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (8.0X)
Amount: 5.2%
Entry Zone:
2.2438 - 2.2088
Take-Profit Targets:
1) 2.3535
2) 2.4493
3) 2.5450
Stop Targets:
1) 2.1199
Published By: @Zblaba
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +45.7% | +80.1% | +114.5%
Possible Loss= -38.2%
Estimated Gaintime= 1-2 weeks
Trade closed: stop reached
SL reached with -1.0R#XRPUSDT.P Stop Target Hit ⛔
Loss: 38.2338% 📉
Now back to entry, set-up still looks likely, unfortunately timing was not on point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.